UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 30, 2018

 

MAGELLAN GOLD CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

       Nevada               _333-174287              27-3566922    
(State or other jurisdiction
 of incorporation)
Commission File
Number
(I.R.S. Employer Identification number)

 

 

2010A Harbison Drive # 312, Vacaville, CA 95687
(Address of principal executive offices)                    (Zip Code)

 

Registrant's telephone number, including area code:   (707) 884-3766

 

 

______________________________________________________

(Former name or former address, if changed since last report)

 

[_] Written communications pursuant to Rule 425 under the Securities Act
   
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company     [X]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   [_]

 

 

 

 

   
 

 

 

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

 

Amendment No. 1 to Convertible Promissory Note

 

Effective August 30, 2018 Magellan Gold Corporation (the “Company”) and POWER UP LENDING GROUP LTD. signed an Amendment No. 1 to the Convertible Promissory Note (the “Note”) dated August 20, 2018 (“Power Up Amendment”) clarifying certain customary provisions of the Note. The Power Up Amendment is filed herewith as Exhibit 10.1.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS  
     
Item Title
   
10.1 Amendment No. 1
   

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  Magellan Gold Corporation
   
   
Date: September 5, 2018

By: /s/ W. Pierce Carson                        

W. Pierce Carson, President